RE: It not clear that buyers still have to be under conrcatt by the April 30th deadline or if they are extending only the closing date by the September date proposed (two entirely different issues). If they are extending the closing date only, there will be no incentive to buyers during the next quarter.My guess is that the pending sales data is hitting Senators fax machines. I've been thinking for quite a while that with one eye you have to look at the market for what it presents and the other eye trained on what .gov will do to keep the market moving along (incentives) which Bears will have to take into consideration if they are to believe that we are going to continue down with another 15-20% drop in Seattle-Puget Sound area housing prices from peak 2007 levels. Rate this comment: 0 0